Authorization System definition

Authorization System means the communication links between the computers, and the computers themselves, which are operated by or for you and us, which are used, among other things, to communicate Authorization Numbers from us to you upon your requesting Authorization Numbers;

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Authorization System means the computer systems owned and/or operated by a Card Issuer and/or a Card Brand used to provide you with an Authorization Code.

Authorization System means that portion of equipment, software, systems, processes and procedures used or necessary for use by Bank to authorize Cardholder transactions under the Program.

Examples of Authorization System in a sentence

The Platform is secured with a dual firewall and a User ID/Password Authorization System and through a single user per deal authorization method whereby each user may access the Platform only on a deal-by-deal basis.
All SPW recipients will be registered into Service Authorization System Online (SASO).
All electronic commerce applications that allow for electronic receipt of credit/debit card and electronic check (ACH) transactions must be processed via the Centralized Electronic Payment Authorization System (CEPAS).
We may terminate access to the Authorization System for any of your locations if the Chargeback volume or the number of Transactions processed on fraudulent or counterfeit Cards is deemed by us to be excessive or exceeds the Card Brand’s accepted levels.
The Primary Portal is secured with a dual firewall and a User ID/Password Authorization System and the Platform is secured through a single user per deal authorization method whereby each user may access the Platform only on a deal-by-deal basis.
NRTC shall (i) provide and perform all obligations necessary in connection with the DBS Billing and Authorization System ("NRTC Billing System") described in the DBS Billing and Authorization System Specifications (Section 7 of Exhibit A, "Specifications"), (ii) monitor and control all subcontractors under agreement to provide specific portions of the NRTC Billing System and (iii) request and manage any and all identified change orders with subcontractors for NRTC Billing System improvements.
Transactions and other critical functions unavailable including, without limitation, the Authorization System and those portions of the Servicer System affecting Card loads, IVR, customer service, Card applications, Card activation.
Merchant will also be assessed the following fees on Visa transactions: the Visa Misuse of Authorization System fee, which will be assessed on authorizations that are approved but never settled with the Merchant’s daily batch, the Visa Zero Floor Limit Fee, which will be assessed on settled transactions that were not authorized, and the Visa Zero Dollar Verification fee, which will be assessed on transactions where Merchant requested an address verification response without an authorization.
Merchant will also be assessed the MasterCard Misuse of Authorization System fee, which will be assessed on authorizations that are approved but never settled with the Merchant’s daily batch or not properly reversed within 120 days and an acceptance and licensing fee that will be applied to the Merchant’s total U.S. MasterCard sales volume.
It includes Tandem International Authorization System (TIAS), B-Trans, and the Web Acquisition System (WAS) applications.

More Definitions of Authorization System

Authorization System means that portion of the Servicer System utilized by Servicer to authorize Transactions.

Authorization System means that portion of the Servicer System utilized by Servicer to authorize transactions and activate Gift Cards at Bank Client point of sale locations.

Authorization System means that portion of equipment, software, systems, processes and procedures used or necessary for use by Bank to

Authorization System means the tools and procedures enabling access to the data and the relevant processing mechanisms as a function of the request in party’s authorization profile;

Authorization System means that portion of equipment, software, systems, processes and procedures used or necessary for use by Bank to authorize MoneyCard transactions. “Availability”, unless otherwise defined herein, means the extent to which referenced equipment, software, systems, data or services are Available for Use.